Better for Developers
Are you a developer? We will work with you to:
Demystify what social value is and help you to understand your contribution
De-risk and shorten the planning application process
Increase your chances of developing partnerships and winning more work
Set clear and simple goals for your business
Amplify and embed the ‘S’ in ESG into established business practices and culture
Establish a clear evidence-based picture of the needs and aspirations in and around your development
Use a social value lense to establish a sound basis on which to base your team's thinking, designs and proposals
Demonstrate to local people and elected officials that you care about understanding and meeting local needs
Provide a sound basis for building long-term trusted relationships between all stakeholders
Enable you to ‘walk the walk’ by efficiently setting simple targets and reporting actual outcomes
Enhance your reputation and brand
Earls Court Development Company: Supporting the Social Impact of a 44-Acre Regeneration Plan
The Earls Court Development Company (ECDC) are responsible for driving the regeneration of the, circa 40 acres, former Earls Court Exhibition Centre site. In 2021, ECDC appointed RealWorth to measure the social value of the activities associated with the regeneration process and has since been retained as the Development Partnership’s Social Value Advisor to help define and implement its social value strategy.
This long-term appointment seeks to integrate social value into a wide range of functions conducted by ECDC during the planning, design, construction, and occupation phases of the development.
The work that RealWorth is doing is used by ECDC to underpin the design and development of the project, working towards a completed development that has embedded social value at every stage.
Case study
WSP & Homes England: Creating a Social Value Strategy for Nene Valley Villages
RealWorth was appointed by WSP and Homes England to draft a locally-tailored social value strategy for Nene Valley Village in Peterborough, informed by a model assessment criteria process of co-design. The project included hosting a workshop for Homes England, to discuss a social infrastructure assessment and identify potential locally-relevant social value opportunities, priorities and place-based indicators that align with Homes England’s Strategic Plan 2023-2038 and Peterborough City Council Local Plan 2023-2044. It also included holding meetings with local stakeholders to identify community-led initiatives that the project could support, as well as identifying social value opportunities, priorities and place-based indicators.
Case study
Mount Anvil & Peabody: Delivering a Local Partnerships Strategy for Friary Park & Burridge Gardens
Developers Mount Anvil and Peabody Housing Association commissioned RealWorth to support their development partnership, developing over 1,600 new homes across two sites in London, over 45% of which will be affordable housing.
RealWorth worked with the development partnership to establish and deliver a Local Partnerships Strategy. This included working with local VCSE’s to establish and deliver partnerships that could operate in the two sites over a 1-3 year period. This project is helping the development partnership to establish and deliver positive social impact for residents and the wider Acton and Ealing communities.
Case study
The Social Hub: Evaluating the Impact of a Cross-European Portfolio of Mixed-Use Hotels
The Social Hub (TSH) brand provides hotels, student accommodation and co-working spaces, creating a more connected community. Adding to 21 locations around Europe, TSH wants to improve its social, economic and environmental performance across Europe and has developed plans to upgrade and expand its sites.
To support the assessment of current sites and future plans, TSH contacted RealWorth to demonstrate the social value of different sites across Europe, RealWorth measured and analysed the social change caused by projects and programmes using Social Return On Investment (SROI).
This analysis assisted the TSH sites in demonstrating the benefits of existing sites to its stakeholders and host cities by creating a range of social impact activities. The analysis indicated that the planned improvements could enhance the social value that these locations have brought to their surrounding areas. To date, RealWorth have worked with TSH across multiple sites in Spain, the Netherlands and Scotland.
Case study